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Ref: M270157
Property marketed by Best Real Estate Costa Blanca SL ( MOVE2SPAIN )
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Casa Ernesto is a rare opportunity to take on a large established structure which currently has a complete 2 bed, 2 bath apartment with front covered terrace and patio leading up to a vast, open roof terrace with 360 views. Plus there is a further 250m2 of usable living space including a large underbuild which can also be utilised apart garage space, part living. Whilst being sold individually, Casa Ernesto is directly next door to a very successful Hotel which is on the market and could very much go hand in hand as an extension of the accommodation or staff quarters to Hotel Cortijo de Salia. Many possibilities with this rare opportunity and there is such a large space to reform its an interesting project for anyone wanting to create their own design and finish.
Property Features
- 6 bedrooms
- 4 bathrooms
- 250m² Build size
- 1,030m² Plot size
- Covered Terrace
- mountain views
- Garage
- Mains Water
- Mains Electricity
- Country Views
- Panoramic Views
- Mains Sewerage
- Courtyard
- Parking - Off Road
- Gas Boiler
- White-Goods Included
- Internet Available
- 2 Entrances
- Low maintenance
- Close To Town And Amenities
- X
- Not Furnished
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
30,000€
Final Payment of 90% on completion
297,000€
Property Purchase Expenses
Property price
330,000€
Transfer tax 10%
33,000€
Notary fees (approx)
600€
Land registry fees (approx)
600€
Legal fees (approx)
1,500€
* Transfer tax is based on the sale value or the cadastral value whichever is the highest.
** The information above is displayed as a guide only.
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Spanish Property News & Updates by Spain Property Portal.com
In Spain, two primary taxes are associated with property purchases: IVA (Value Added Tax) and ITP (Property Transfer Tax). IVA, typically applicable to new constructions, stands at 10% of the property's value. On the other hand, ITP, levied on resale properties, varies between regions but generally ranges from 6% to 10%.
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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.